1612, Standpoint Towers 1
Sold prices and rental history: sold 4 times, last in March 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1612, Standpoint Towers 1
What is 1612 worth today?
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Source: Dubai Land Department. Updated 7 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 841 sqft
- Floor
- 16th of 27
- Parking
- B2-12
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 18,700 /yr
- Last sold
- AED 1.58M · March 2024
- Building
- Standpoint Towers 1
About 1612, Standpoint Towers 1
1612 is a one-bedroom apartment of 841 sqft on the 16th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 7 March 2024 for AED 1,575,000, or AED 1,872 per sqft, in line with the AED 1,867 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 73,500 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 18,700 a year.
Sales and rents for 1612 over time
1612 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Standpoint Towers 1, and where 1612 sits
All 204 1-beds →1612 last sold in March 2024 at AED 1,872 per sqft, in line with what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,867). Over the last 12 months one-beds sold for AED 1,750,000 to 2,000,000, around AED 1,998 per sqft, and rent for AED 94,500 to 170,000 a year. 1612's AED 73,500 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 792 sqft | 2,000,000 | 2,524 | ||
| 30 Dec 202530 December 2025 | 792 sqft | 29,030 | 36 | ||
| 15 Jul 202515 July 2025 | 792 sqft | 142,685 | 180 | ||
| 28 Jun 202528 June 2025 | 887 sqft | 2,050,000 | 2,310 |
Standpoint Towers 1
Building344 apartments, studios to 3-bed over 27 floors in Downtown Dubai, completed in 2012 by Emaar. 9 sold in the last 12 months.
- Typical price per sqft
- AED 2,398
- Typical sale
- AED 2.6M
- Typical rent
- AED 113K /yr
- Typical yield
- 6.0%
Other units on the 16th floor
All 344 units in Standpoint Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 847 sqft | AED 1.33MAED 1,325,000 · Dec 2022December 2022 | 71,500 /yr | |
| 1602 | 1-bed | 829 sqft | AED 1.93MAED 1,925,000 · Feb 2025February 2025 | 95,000 /yr | |
| 1603 | 1-bed | 827 sqft | AED 1.5MAED 1,500,000 · May 2023May 2023 | 160,000 /yr | |
| 1604 | 2-bed | 1,199 sqft | AED 1.9MAED 1,900,000 · Jan 2018January 2018 | 750,000 /yr | |
| 1605 | 1-bed | 708 sqft | AED 1.02MAED 1,020,000 · Jan 2022January 2022 | 55,000 /yr | |
| 1606 | 1-bed | 714 sqft | AED 1.22MAED 1,220,000 · Aug 2022August 2022 | 124,629 /yr | |
| 1607 | 1-bed | 887 sqft | AED 2.4MAED 2,400,000 · Aug 2024August 2024 | 115,000 /yr | |
| 1608 | 1-bed | 792 sqft | AED 1.25MAED 1,250,000 · Apr 2018April 2018 | 75,000 /yr | |
| 1609 | 2-bed | 1,355 sqft | AED 3.55MAED 3,550,000 · Feb 2016February 2016 | 200,000 /yr | |
| 1610 | 2-bed | 1,209 sqft | AED 3.92MAED 3,920,000 · Apr 2014April 2014 | 140,000 /yr | |
| 1611 | 1-bed | 827 sqft | AED 1.45MAED 1,450,000 · Mar 2023March 2023 | 130,000 /yr | |
| 1613 | 2-bed | 1,171 sqft | AED 3.35MAED 3,350,000 · Feb 2025February 2025 | 97,200 /yr |
1612, Standpoint Towers 1 in numbers
- Sold 4 times: first on 2 March 2010 for AED 2,246,166, last on 7 March 2024 for AED 1,575,000 (AED 1,872 per sqft).
- Rented since January 2016 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 57,000 in 2020 and recovered to AED 73,500 by December 2022.
- At AED 73,500 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 18,700 a year (AED 22.27 per sqft).
- One-beds in Standpoint Towers 1 sold for AED 1,750,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,398 per sqft.
Source: Dubai Land Department. Updated 7 March 2024.
Questions about 1612, Standpoint Towers 1
What did unit 1612 last sell for?
AED 1,575,000 on 7 March 2024: AED 1,872 per sqft for 841 sqft. The unit has 4 registered sales; the first was AED 2,246,166 in March 2010.
What is the rent for unit 1612?
AED 73,500 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 70,000; the unit has been rented since January 2016.
How big is unit 1612?
841 sqft (78.1 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2012.
What is unit 1612 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Standpoint Towers 1 sold for AED 1,750,000 to 2,000,000 in the last 12 months, around AED 1,998 per sqft.
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Mortgage on 1612, Standpoint Towers 1
Starts from the last sale price (AED 1.58M, 7 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,575,000
- Deposit, UAE resident (20%)
- AED 315,000
- Deposit, non-resident (40%)
- AED 630,000
- Monthly over 25 years at 3.7%
- AED 6,444
Plus AED 71,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →